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Historic Rally: Silver Breaks $75 while gold and platinum set new records
December 27th, 2025 - 05:53 GMT
Osama Ali

Osama Ali

Historic Rally: Silver Breaks $75 while gold and platinum set new records

ALBAWABA - Silver broke through the $75 mark on Friday, a historic first, as precious metals continued their ascent. This surge was fueled by investors looking for security in a world of uncertainty and the anticipation of U.S. interest rate reductions. Silver hit $75.9 per ounce, and gold followed suit, reaching a new peak of $4,531 per ounce, a fitting conclusion to a remarkable year for the metals. Silver has ...
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Al Bawaba
February 16th, 2015 - 08:36 GMT

The battle for market share intensifies: Iran, Iraq fight for Asian oil buyers with monumental discounts

Al Bawaba
February 16th, 2015 - 04:35 GMT

Shouldn't it invest in itself first? Lebanon 'key' investor in Egypt

The gang, which Kaspersky dubbed Carbanak, takes the unusual approach of stealing directly from banks, rather than posing as customers to withdraw money from companies’ or individuals’ accounts.
February 16th, 2015 - 04:18 GMT

An 'unprecedented' robbery: Cybercrime gang steals $1B from banks

The fields in Abu Dhabi produce 1.6 million barrels per day and are expected to reach 1.8 million bpd from 2017, which would account for 6 percent of Total’s output.
February 15th, 2015 - 05:19 GMT

Total CEO boasts new Abu Dhabi 'blockbuster' concession

Al Bawaba
February 15th, 2015 - 05:03 GMT

A 'unique' excuse? Air Arabia marks 30% profit drop, blames fuel hedging

Al Bawaba
February 15th, 2015 - 04:58 GMT

Outperforming Dubai? Abu Dhabi records 25% surge in tourists

Al Bawaba
February 15th, 2015 - 11:25 GMT

An export contract, finally: Egypt first to buy French Rafale Jets for $5.9 billion

The statement did not make immediately clear whether al-Mady would be leaving his post at Saudi Basic Industries Corp.
February 15th, 2015 - 10:21 GMT

New Saudi King appoints SABIC CEO as head of military industry

Al Bawaba
February 15th, 2015 - 10:14 GMT

All on board: Dubai World receives 100% creditor assent for $14.6bn debt deal

Al Bawaba
February 15th, 2015 - 09:59 GMT

Late LTE: 4G network comes to Jordan

According to the Interior Ministry, Jordan’s population is estimated to have reached around 8 million by 2015, but other unofficial figures indicate that the population of Jordan stands at nearly 9 million.
February 15th, 2015 - 09:22 GMT

Jordan's 2015 census to include all data related to Syrian 'guests'

Al Bawaba
February 12th, 2015 - 02:18 GMT

Ma'aden wins best industrial deal

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